Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has launched an "Artificial Intelligence+" initiative aimed at integrating AI technology into the entire marine energy industry chain, with a goal to develop over 10 high-quality datasets and establish more than 8 AI benchmark scenarios by 2027 [1][3] Group 1: Action Plan and Objectives - The action plan emphasizes four main areas: "Scenario Navigation," "Data Pulse," "Platform Foundation," and "Talent Introduction" to drive the integration of AI technology [1] - CNOOC aims to create over 10 high-quality marine oil and gas datasets and develop more than 3 professional-grade models by 2027 [1] Group 2: Technology and Product Launches - CNOOC introduced five products that leverage AI, big data, and industrial IoT technologies, including the integrated business management system (BMS) and the asset management system (EAM) [2] - The BMS focuses on core business indicators for exploration and development, ensuring data traceability across all business processes [2] - The EAM enhances asset management efficiency and reliability, promoting cost reduction and increased efficiency [2] - The "Xuanji Cloud" platform enables real-time monitoring and remote collaboration, achieving 100% coverage of domestic and international operations [2] - The "Tianshu Cloud" integrates six key processes in LNG resource management, facilitating data exchange and collaboration across various stakeholders [2] Group 3: Future Directions - CNOOC plans to continuously enhance its technological innovation and digital transformation capabilities, contributing to the establishment of a world-class demonstration enterprise in the marine energy sector [3]

Group 1 - The core viewpoint highlights the significant advancements in marine oil and gas resource exploration and development in Hainan during the 14th Five-Year Plan period, including the discovery of the world's first ultra-deep water ultra-shallow gas field Ling Shui 36-1 and the first deep water deep layer gas field Bao Dao 21-1 in China [1] - The "Deep Sea No. 1" project has shown remarkable economic performance and technological achievements since its launch, maintaining a stable production state with natural gas output exceeding 3 billion cubic meters annually for three consecutive years, totaling over 10 billion cubic meters of natural gas and over 1 million cubic meters of condensate oil produced [1] - In 2024, the overall production of the "Deep Sea No. 1" gas field is expected to increase with the addition of the second phase project and further optimization of offshore platform production processes, solidifying its role as a key gas supply source for economically developed coastal regions [1] Group 2 - The completion of offshore oil and gas projects like "Deep Sea No. 1" has significantly enhanced the infrastructure for marine energy development in Hainan, including the successful laying of longer and larger capacity subsea pipelines and the expansion of oil and gas processing terminals and logistics ports in areas like Sanya and Chengmai [2] - The improvements in material throughput, emergency support resources, and the digital and intelligent capabilities of related equipment and facilities have laid a solid foundation for further deep exploration of the "trillion-dollar gas zone" offshore from Hainan [2]

Group 1: Energy Transition and Policy - During the 14th Five-Year Plan period, China will continue to lead the global energy transition, shifting fossil energy's role to chemical raw materials, with green technologies like renewable energy and CCUS expected to develop long-term [1] - By 2035, China's primary energy demand is projected to reach a peak of 7 billion tons of standard coal, with non-fossil energy's share expected to rise to 78% by 2060, supporting the carbon neutrality goal [1] Group 2: Renewable Energy Development - Marine oil and gas resources are becoming the main force for domestic oil reserve increases, with significant potential in marine renewable energy, such as offshore wind power, expected to exceed 350 million kilowatts in installed capacity by 2060 [2] - The energy pipeline network in China has made significant progress, with a total pipeline length expected to exceed 300,000 kilometers by around 2040, evolving from traditional transport channels to a new energy system [2] Group 3: Refining and Chemical Industry Transformation - The refining industry is transitioning from traditional fuel production to chemical raw material production, with crude oil processing expected to drop to 300 million tons by 2060, primarily for chemical products [2] - Catalytic cracking will focus on processing heavy raw materials to meet the demand for chemical raw materials [2] Group 4: CCUS Technology and Coal Chemical Industry - CCUS technology is seen as a key to achieving global carbon neutrality, with China expected to achieve a carbon storage capacity of 3 billion tons by 2060 [3] - The coal chemical industry faces structural supply-demand contradictions and challenges in green and digital transformation, necessitating a shift from "making good use of coal" to "making good use of carbon" [3]

Core Insights - The marine economy in China showed a positive trend in Q1 2025, with a total marine GDP of 2.5 trillion yuan, reflecting a year-on-year growth of 5.7%, surpassing the national GDP growth rate by 0.3 percentage points [1] Marine Tourism - The marine tourism sector achieved a value-added output of 384.2 billion yuan in Q1, marking a year-on-year increase of 7.5% [2] Shipbuilding Industry - Key shipbuilding indicators such as new ship orders, completed ships, and hand-held orders remained stable, with a significant year-on-year growth in hand-held orders [2] - Major shipbuilding companies maintained strong production levels, indicating a stable development trend in the marine shipbuilding industry [2] Marine Oil and Gas Exploration - Significant breakthroughs were made in marine oil and gas exploration, including the discovery of a billion-ton oil field in the South China Sea and high-yield oil and gas flows in the Beibu Gulf [3] - Marine crude oil and natural gas production increased by 1.7% and 13.8% year-on-year, respectively [3] Marine Clean Energy - The offshore wind power sector saw a 1.4% increase in power generation and a 41.6% rise in newly connected capacity year-on-year [3] - The construction of the "blue granary" continued, with marine aquaculture production increasing by 4.5% year-on-year [3] Carbon Capture Technology - Progress was made in carbon capture technology, with the first offshore floating production storage vessel equipped with carbon capture and storage facilities completed [4] Marine Trade - The total import and export volume of marine trade increased by 0.1% year-on-year, demonstrating resilience amid global economic challenges [5] - The export of high-end, intelligent, and green marine products grew by 10.8%, with wind turbine exports rising by 43.2% [5] Port Development - Over 50 automated terminals have been established, maintaining a global lead in port automation [5] - Smart and green port initiatives are advancing, with successful local deployments of advanced systems in major ports like Ningbo Zhoushan and Tianjin [5] Expansion of Shipping Routes - New international shipping routes have been established, enhancing the connectivity of Chinese ports with global markets [6]